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Samsonite acquires Tumi in $1.8bn deal

Samsonite International and Tumi Holdings has announced that they have entered into a definitive agreement whereby Samsonite will acquire Tumi for US$26.75 per share in an all cash transaction, valuing Tumi at an equity value of US$1.8 billion. “This is a transformational acquisition for Samsonite. “It will meaningfully expand...
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